Topic: [ANN][BURST] Burst | Efficient HDD Mining | New 1.2.3 Fork block 92000 - page 166. (Read 2170889 times)

Well for short term, I think we need more assets, with good business plans/income.

Or people could create derivatives of existing assets: like from ByteEnt somebody created ByteEMini ,etc...

There are at least 4-5 assets on BURST that are worth something, so if somebody has time or ideas to create derivatives for them it would help them grow better.

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I still see that the majority of BURSTs are in addresses, non-invested, exposed directly to inflation, which is not good, because that way people can panic-sell anytime. If their capital is protected in an asset it would give greater confidence to BURST, and more usage to it.

(tip: people really need to move their BURST from time to time, otherwise miners don't get fees)

If he's gonna troll, at least he should have the decency to do it proper English, as per forum rules

Reminds me of an old song from MOD -- Don't Feed the Trolls... errr, Bears.

Thats nice, thanks.

I think BURST needs more social media marketing too. If people would create Twitter and Facebook accounts and advertise BURST int the cryptocurrency circles, it could get more attention.

There are many altcoin groups in Google+ or just simple Twitter advertisement in the #altcoin #cryptocurrency hashtags.

People should get creative and spread the word as they can.

I will look at your proposal soon, but I took it upon myself to shoot a tweet out in support of your project from the BURST twitter

https://twitter.com/real_BURSTCOIN/status/643450099184472064

Hello there. Which direction am I going? Kindly inform me. Because according to reality, the direction I'm going is toward the active development and positive future of BURST. Please tell me how I'm doing anything but that, sir.

You're more than welcome to leave my pool if you actually think that I will all of a sudden both start lying to the community, and decide to attack the network, simply because I have different feelings than you on a certain individual. But you've gotta see how insane that sounds. If you find me a person of that weak of character, that I would allow a friend to easily sway me to his opinion, go ahead and act accordingly, however I assure you this has never been the case, nor will it ever be.

Who the hell said anything about closed source? Go ahead and point that out. All we've ever said is open source, and not only that, but reviewed by literally as many coders as anyone would like. So please again, tell me where you saw anything opposite.

If you don't support the clone, that's also fine, you're free to be anti-whatever. But don't come in here and start falsely accusing things of being the opposite of what they are without any sort of backing of truth or proof whatsoever. K? Thanks.

If you don't want to make extra money by mining on the same space two coins, that's up to you.


One more thing... People aren't going to buy BURST just because you say so. As you should be able to see here, I'm for the development of the coin. Aren't you? Open source development, community development, reviewed by other devs, checked by many, and posted to the coin. However, how many people aside from bit are actually planning on developing something? Do you really think that without any sort of development that BURST will continue on forever the way it is? Do you really think that without any sort of development that BURST will be able to successfully get investors? I would say that's pretty delusional thinking.

Feel how you would like about bit, as I have said multiple times. But the fact that you're going to go against me because I happen to talk to him and consider him a friend, truly shows me that you definitely don't know me very well at all, and actually, I've never spoken to you privately, so that should show exactly how well you know me.

I would appreciate it if you don't come in and start rambling nonsense without any sort of proof or truth behind it. Thanks.


P.S. - Is it just me, or is burstdev also anonymous? So yea, let us not trust any anonymous internet people.

Agreed, a brilliant plan, and I highly encourage you to start it ASAP.

I think it's brilliant. Takes care of all BURST's problems by avoiding them completely.

But my suggestion is that you make such an asset for each coin, any coin, BTC, LTC, ETH, XRP etc. It would be easier to manage this way, than all of them mixed up.

Then you can still make assets that buy into multiple of the above assets, to get the coin portfolio effect.

I for one would welcome any new good asset  

Creating useful assets is one of few things I can do positively for the future of Burst. I can't code!

I mine and invest, mine and invest. Your assets are included in my holdings

just asking me, why so much hedge fund managers coming up here....

Quick question for all the active Burstcoin holders

Would you be interested in a Burst asset based on a fund of Proof of Stake coins?

The asset would hold around 5 different chunks of POS coins such as Mintcoin, Clams, Peercoin e.t.c

Funds would be raised in Burst and the POS coins would be purchased and held in wallets, the income
from the staked coins would be returned to asset holders as Burstcoin.

I think this could be a good asset that would help bolster and stability to Burstcoin.

What do you think?

no, that graph seems to be fine, no final big leg down.  BaseTarget right now is 1900431   1/3 larger network size this instant than the last time i posted yesterday. But as i said, it fluctuates a lot, so a graph or an average over 7 days is probably the best measure you can get.

if you plot network size / price i think we're quite good

Well, with this marketcap the current network size is okay, it is not profitable to do a 51% attack and sustain it.

However, some people might want to do an attack for other reasons than profit, perhaps blackmailing burst holders and people interested in burst working without interruptions.

BURST network size will reflect the price, as price go up, we will get a larger network size, and it will be even more expensive to establish a 51% attack.

if bitladen is at 21% with 1.7PB, then he needs double of that, and some more, to get to attack size. That'll be about 3PB, or 3 * 36000 just for the drives. plus plotting 3PB takes some time, plus you need quite some hardware too. Even for bit, it would be much more expensive to do the attack, than what the burst marketcap is - for someone else it will be even more expensive.

regarding network size, it takes a little time to up you TB, at least it does for me, i have to order drives, install, plot before my new TB go online. I will let the forum know where i am in the process. Drives will probably be delivered today. BaseTarget is right now 1938234 - looks like we're exiting weekend mode and coming into workday mode where the net size is usually higher.

Come on duncan_idaho, crow has said he won't attack with burst.ninja, and so he won't. I would have to say that Bitladen is not clean, but crowetic, while he may personally support him, won't make anyone else do it. He also will never attack burst, and is defo against anyone, even bitladen doing it.

Crowetic - You are going in the wrong direction. I have nothing against you and i like your involvement in burst project until day 1. But i don't trust you anymore becouse of your personal relations with bitladen. He is cheater and 0 morality man. I don't know why you did it, but it's not important for me. I left your pool and moved my plots to dev v2 pool (IMO the safest place ATM)

To community - Thank you for support coin fundamentals. Many smart people write here their opinions. We are strong community and can't let burst destroyed.

Another thing - Don't trust bitladen. He is deciever. Don't install any stuff wrote by him. (closed source code - REALLY? If you want to be part of his botnet - go ahead ) He is anonymous guy on Internet with bad reputation in this thread. if you install soft wrote by him you will be really naive.

I will not support any clone writed by him, even if i can merge mining with burst. But IMO he wants to drop burst hashrate if people move thier plot files to his SCAM Coin.
I will add another 20TB to total burst hashrate in next two weeks. I will buy some HDD to my home rig and share some TB from my IT Department EMC Array.

I advise to all of you, don't trust bitladen. Increase yours plot files and buy some cheap burst.

Ahh and bitladen - Don't forget about your pills 

I look forward to seeing the clone Bit creates and plan to mine it. It has been over a year since Burst came out, surprised there is not one by now.

I really hope the clone will stay independent of Burst and create some competition in the POC mining scene. Having a completely separate clone will bring much more attention to POC and more miners in. It does not seem fair to change the fundamentals of Burst now even it that means it could be attacked.......if so let nature take its course and the location of the hash power will speak for itself.

I am against a dual miner or merge mining solution and feel that people need to pick which camp they are in and commit to it. Even with GPU plotting it can take quite a while if you have many TB to fill, leave it up to the user on how they choose to utilize the space and the percentage of each they will allocate/mine but not use the same plots for both.

I'm sure many will disagree and say this is a bad idea but I don't feel giving people a choice or completely separate coin is a bad thing. Trying to adapt Burst does not feel like the right thing to do.

Indeed, it was just the temporary conflict that pushed the price down, the uncertainty.

Now that things start to calm down, investors will regain their confidence in BURST, and they will push the price up hopefully soon.


What do you think about my proposal about expanding INCOME?

After all you are shareholder too, and every shareholder can tell his opinion:

[ANN] Income Asset - Decentralized Referral Empire based Income

Wasn't expecting THAT! Shot Crow

Most excellent to hear!
I truly hope we get back on a progressive,  and constructive, path.

Good things are coming!!